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South Korean contracting giant Hyundai Heavy Industries has announced that it has been awarded a US$2.06 billion contract by Chevron that will see the company fabricate 48 modules for the Barrow Island liquefied natural gas (LNG ) Plant of the $37 billion Gorgon LNG Project in Australia.
In a statement the company said that the contract is the biggest single contract in its history.
“The bid for Gorgon Project was originally made on February 2009 and consists of 48 modules weighing approximately 190,000 tons. Delivery of the modules will be made 2012-2013,” the statement said.
Hyundai also said that this would be the first time the modules, which are usually used for offshore platform projects, will be applied to a land-based LNG plant.
Contracts for the $237 billion Gorgon project are being awarded thick and fast by Chevron. GE Oil & Gas also recently announced that it had won a $400 million contract to provide LNG and carbon capture technology to the scheme.
The Greater Gorgon Area’s projected natural gas resources of 40 trillion cubic feet are equivalent to 6.7 billion barrels of oil. The project’s scope includes a three-train, 15 million-metric-ton-per-year liquefied natural gas (LNG) facility and a domestic gas plant.
The Gorgon Project, is operated by Chevron who own 50% of the joint venture with ExxonMobil and Shell each owning 25%.
